JAKARTA (Yosefardi) – Composite index of the Indonesia Stock Exchange (IDX) ended flat, inched up 0.09% at 5100 on Friday (June 5), with late buying helping the index to regained ground. Trade was very volatile with the index reached at lowest at 5075.
Regional markets meanwhile closed mostly down on uncertainty over the implications of Greece’s decision to delay IMF repayments.
AKR Corporindo gained 2.7%, Bank Rakyat Indonesia rose 1.57%, MNC Investama increased 1.36%, Bank Mandiri hiked 1.43%, Bumi Serpong Damai lifted 2.13%, Indofood climbed 1.08%, London Sumatra advanced 1.46%, Perusahaan Gas Negara added 1.06%, Telkom gained 1.06%, and United Tractors rose 2.3%.
While Astra Agro fell 1.8%, Bumi Resources declined 1.3%, Kalbe Farma lost 1.42%, Lippo Karawaci shed 1.25%, and Unilever slashed 1.17%. Other losers were Adhi Karya (-1.64%), Wijaya Karya (-2.56%), Multipolar (-1.4%), Pakuwon Jati (-2.64%), and Hanson International (-2.78%).
Nymex’s crude oil fell 0.95% to US$57.45 per barrel and gold inched down 0.03% to US$1,174.80 per ounce. The rupiah weakened further to Rp13,288 against the US dollar.